FINANCIAL NEWS

US cancels military exercise with South Korea

FINANCIAL TIMES - 1 hour 53 min ago
Concrete step comes after Washington and Pyongyang pursue talks towards denuclearisation
Categories: FINANCIAL NEWS

US Senate blocks F-35 sales to Turkey

FINANCIAL TIMES - 2 hours 9 min ago
The measure could delay sale of 100 planes worth close to $10bn
Categories: FINANCIAL NEWS

Senate Rebukes Trump With Vote to Reinstate ZTE Sales Ban

ZTE lost a skirmish with U.S. lawmakers Monday when the Senate passed legislation that would reinstate a ban on sales of U.S. components to the Chinese telecommunications company.

Why banks’ biggest risk factor may be employees who don’t speak up

AMERICAN BANKER - 2 hours 41 min ago
Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

Los Angeles Times Names Pearlstine as New Editor After Sale to Billionaire

Publishing industry veteran Norman Pearlstine was named the executive editor of the Los Angeles Times as its new billionaire owner pledged to invest in the newspaper.

They liked this digital banking company so much, they bought it

AMERICAN BANKER - Mon, 06/18/2018 - 23:52
Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.

Beyoncé and Jay-Z Go Pay-to-Play With New Album

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 23:30
Beyoncé and Jay-Z have made their new album, “Everything Is Love,” available for streaming across all major music services—as long as listeners are paying for it.

Rohingya face fresh upheaval from Bangladesh monsoon

FINANCIAL TIMES - Mon, 06/18/2018 - 23:00
Rain threatens to bring further disaster to refugees from Myanmar
Categories: FINANCIAL NEWS

China hopes countermoves will avert all-out US trade war

FINANCIAL TIMES - Mon, 06/18/2018 - 23:00
Beijing’s response may deter Washington from further tariffs, say experts
Categories: FINANCIAL NEWS

Can BOK Financial make one of the year's priciest M&A deals work?

AMERICAN BANKER - Mon, 06/18/2018 - 22:58
Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions.

Debt to the Penny for 06/15/2018

US TREASURY DEBT DAY-TO-DAY - Mon, 06/18/2018 - 22:15
Debt Held by the Public: 15,452,782,944,214.64
Intragovernmental Holdings: 5,671,077,059,562.36
Total Public Debt Outstanding: 21,123,860,003,777.00

Fujifilm seeks $1bn over failed Xerox deal

FINANCIAL TIMES - Mon, 06/18/2018 - 22:09
Japanese company alleges breach of contract and blames Carl Icahn
Categories: FINANCIAL NEWS

Hill aide named to run Dodd-Frank research agency

AMERICAN BANKER - Mon, 06/18/2018 - 21:58
The White House announcement of Dino Falaschetti as the choice to run the Office of Financial Research comes amid signs that the administration has attempted to reduce the agency's independence.

Overhauling 'dark ages' FHA a must for housing reform, HUD says

AMERICAN BANKER - Mon, 06/18/2018 - 21:44
Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

Morgan Stanley training hundreds of digital-first advisers

AMERICAN BANKER - Mon, 06/18/2018 - 20:36
They will be deployed to the branches and teach veteran brokers how to make use of the firm's new high-tech wealth management tools, the company says.

Waters bill would strengthen FHFA oversight of mortgage servicers

AMERICAN BANKER - Mon, 06/18/2018 - 20:31
The bill aimed at helping struggling homeowners also requires documentation of servicer behavior and FHFA evaluation of the services provided to borrowers.

Morgan’s Gorman warns Wall Street to remain vigilant

FINANCIAL TIMES - Mon, 06/18/2018 - 20:27
Bank chief says there needs to be some ‘paranoia’ at a time when profits are rising
Categories: FINANCIAL NEWS

Pelosi, Brown criticize Trump's pick to lead CFPB

AMERICAN BANKER - Mon, 06/18/2018 - 19:40
The Democratic leader in the House raised questions about Kathy Kraninger's "qualifications to lead such an important agency."

On the border, Trump cannot shift the blame

FINANCIAL TIMES - Mon, 06/18/2018 - 19:17
Using children’s lives for political leverage is patently un-American
Categories: FINANCIAL NEWS

Where is State Street deploying AI? Everywhere

AMERICAN BANKER - Mon, 06/18/2018 - 19:15
Reconciling accounts, predicting market turns and their effects on portfolios, and even answering client faxes (yes, faxes) can all be done better with artificial intelligence, the custody bank says. Experts describe it as a cutting-edge program.

Size, 'siloing' can undermine companies' culture: Wells’ Betsy Duke

AMERICAN BANKER - Mon, 06/18/2018 - 19:08
At a conference on corporate culture, Wells Fargo’s board chair explained why problems tend to fester longer at larger institutions.

Banks and Thrifts with the Most Deposits

AMERICAN BANKER - Mon, 06/18/2018 - 18:54
On Mar. 31, 2018. Dollars in thousands.

Fujifilm Sues Xerox for More Than $1 Billion After Canceled Merger

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 18:49
Fujifilm Holdings is suing Xerox for breach of contract and estimated damages of more than $1 billion after the printer and copier company walked away from a planned merger.

Banks and Thrifts with the Most Assets

AMERICAN BANKER - Mon, 06/18/2018 - 18:48
On Mar. 31, 2018. Dollars in thousands.

Disney plans to add cash to Fox bid

FINANCIAL TIMES - Mon, 06/18/2018 - 18:34
Entertainment group seeks to regain upper hand in M&A tussle with Comcast
Categories: FINANCIAL NEWS

Supreme Court leaves gerrymandering issue unresolved

FINANCIAL TIMES - Mon, 06/18/2018 - 18:30
Justices reject appeals by both Republicans and Democrats but sidestep broader question
Categories: FINANCIAL NEWS

Economic Confidence Rises Among Lower-Income Americans

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 18:23
Economic confidence among lower-income Americans has taken a recent leap, the latest evidence that benefits of the economic expansion are reaching a broader swath of workers.

EU Pursues Trade Talks With Australia in Wake of U.S. Tariffs

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 18:15
The European Union and Australia launched free-trade negotiations Monday, part of a push by U.S. allies world-wide to bolster economic links and counter fallout from President Donald Trump’s “America First” policies.

Japan Views China as Ally in Trump Trade Fight

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 17:43
Japanese Prime Minister Shinzo Abe, after years of skirmishing with China over territory and security, is now promoting a rapprochement with Beijing that reflects Tokyo’s need for allies in upholding the postwar free-trading system amid President Donald Trump’s tough line on trade.

Disney Tests Pricing Power at Theme Parks

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 16:25
After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299.

Rent-A-Center to Sell Itself to Vintage Capital

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 16:22
Rent-A-Center has agreed to sell itself to a Vintage Capital affiliate, following multiple offers from the investment firm amid investor pressure and poor financial results.

Regulators’ dangerous plan to carve up the Volcker Rule

AMERICAN BANKER - Mon, 06/18/2018 - 16:10
A proposal to revise parts of the Dodd-Frank Act ban on proprietary trading would make it easier for banks to conduct risky trades.

How a Florida Utility Became the Global King of Green Power

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 16:10
NextEra became a wind and solar Goliath almost entirely under the radar, using tax subsidies to help finance projects around the country. It has avoided debt and the kind of claims of altruistic motives common among some renewable-energy companies.

Amazon to roll out Prime service in Australia

FINANCIAL TIMES - Mon, 06/18/2018 - 16:06
Ecommerce giant bets access to digital services will offset limited selection of goods
Categories: FINANCIAL NEWS

Trump's CFPB choice faces uphill battle — and that's part of the plan

AMERICAN BANKER - Mon, 06/18/2018 - 15:48
President Trump has yet to formally name Kathy Kraninger as his choice to head the Consumer Financial Protection Bureau, but her nomination is already in trouble. That may be just fine with the White House.

Online Ads That Follow You Around the Web Get New Scrutiny

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 15:21
Advertisers want to reach audiences who have expressed interest in their products, but consumers may consider the ads creepy.

What's an Online Ad Worth? Blockchain Might Help With That

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 15:11
Three startups propose blockchain-based solutions to rampant fraud in digital advertising.

Trump's CFPB pick is... who?; muni issuers still avoid Wells

AMERICAN BANKER - Mon, 06/18/2018 - 15:02
Little-known Office for Management and Budget official Kathy Kraninger would succeed acting director Mick Mulvaney, her OMB boss; Wells Fargo still faces the big chill from several big cities and states.

BOK Financial to buy CoBiz Financial for nearly $1 billion

AMERICAN BANKER - Mon, 06/18/2018 - 14:44
The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.

Audi CEO Arrested in Emissions-Cheating Probe

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 14:10
The CEO of Volkswagen’s luxury brand Audi was arrested in connection with an investigation of his role in the German car maker’s diesel emissions-cheating scandal.

‘Environmental disaster’: BIS warns on cryptocurrencies

FINANCIAL TIMES - Mon, 06/18/2018 - 14:06
Bank of central banks highlights huge electricity and processing requirements
Categories: FINANCIAL NEWS

Are the Tax Cuts Working? What to Watch in 12 Charts

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 14:00
How well is the tax cut working? Here are a dozen gauges that help reveal how well the changes are aiding businesses, workers and the broader economy.

Mergers Would Make AT&T, Comcast World's Most Indebted Companies

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 13:58
Recent mergers could transform AT&T and Comcast into the two most indebted companies in the world, a standing that carries uncharted risks for investors.

Katie Couric Lines Up Video Series for 'theSkimm' Backed by P&G

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 13:53
Nearly a year after leaving Yahoo, Katie Couric is striking out on her own, expanding her own production company with outside investment so that it can find its own sponsors and distribution outlets.

Germany’s CSU backs down on asylum threats

FINANCIAL TIMES - Mon, 06/18/2018 - 13:19
Merkel buys time to seek pan-European solution to migration at EU summit
Categories: FINANCIAL NEWS

Distressed debt funds tap into credit cycle fears

FINANCIAL TIMES - Mon, 06/18/2018 - 12:14
New York-based Mudrick Capital becomes latest specialist to raise money from investors
Categories: FINANCIAL NEWS

New Colombian president faces decades-old challenges

FINANCIAL TIMES - Mon, 06/18/2018 - 12:00
Youthful Iván Duque will need to resolve a succession of long-term problems
Categories: FINANCIAL NEWS

Apple to Push Fix for Locating 911 Callers

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 11:30
iPhone users who call 911 will automatically send location data to emergency call centers, the result of a partnership between Apple Inc. and startup RapidSOS that addresses a source of first-responder delays.

Audi CEO arrested over diesel cheating scandal

FINANCIAL TIMES - Mon, 06/18/2018 - 11:29
VW has backed and promoted Rupert Stadler despite calls for his resignation
Categories: FINANCIAL NEWS

Norwegian Air shares jump on prospect of Lufthansa deal

FINANCIAL TIMES - Mon, 06/18/2018 - 11:17
‘Everyone in Europe is talking to everyone right now’
Categories: FINANCIAL NEWS

Trust in Social Media Falls---Raising Concerns for Marketers

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 11:03
Consumers advocate pressure by brands and regulators to clean up fraud, cyberbullying and hate speech, an Edelman study finds.

Google Invests $550 Million in Chinese Online Shopping Site JD.com

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 10:24
Google’s $550 million investment in JD.com will deepen its ties with China and strengthen its foothold in online shopping.

Google, Facebook Propel Jump in Global Ad-Spending Forecast

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 07:38
Magna, a division of Interpublic Group, predicts global ad revenue will increase 6.4% to $551 billion this year, up from an earlier projection of 5.2% growth.

Google pays $550m for stake in China’s JD

FINANCIAL TIMES - Mon, 06/18/2018 - 06:48
Google inks another China deal despite search remaining blocked
Categories: FINANCIAL NEWS

Varadkar set for bumpy ride after successful first year

FINANCIAL TIMES - Mon, 06/18/2018 - 06:00
Irish PM faces potential instability in Dublin as Brexit enters decisive phase
Categories: FINANCIAL NEWS

China seeks semiconductor security after ZTE ban

FINANCIAL TIMES - Mon, 06/18/2018 - 06:00
Stubborn technology gap has frustrated Beijing’s bid to build a world-class chip sector
Categories: FINANCIAL NEWS

US business community warns on impact of Trump tariffs

FINANCIAL TIMES - Mon, 06/18/2018 - 05:03
Previously upbeat mood in boardrooms chills as president raises the stakes with China
Categories: FINANCIAL NEWS

England face big test of ‘DNA’ training programme

FINANCIAL TIMES - Mon, 06/18/2018 - 05:00
Youth teams used as pipeline for World Cup in effort to offset inexperience
Categories: FINANCIAL NEWS

Brussels heads for Poland showdown over rule of law

FINANCIAL TIMES - Mon, 06/18/2018 - 05:00
Battle over EU power to sanction member states comes to a head
Categories: FINANCIAL NEWS

The Force Behind Europe's Populist Tide: Frustrated Youth

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 04:26
Still struggling to find jobs, and often living at home, younger generations are propelling antiestablishment parties to new heights of power. The revolt helped created Western Europe’s first populist government, in Italy, and threatens to rear its head across the south.

6 items on Fed’s full regulatory docket

AMERICAN BANKER - Mon, 06/18/2018 - 04:02
The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill.

Unilever Demands Influencer Marketing Business Clean Up Its Act

WALL STREET JOURNAL - US. BUSINESS NEWS - Mon, 06/18/2018 - 00:48
Using personalities popular on social media for promotion may be a hot marketing technique, but it also has a downside, according to Unilever, one of the world’s biggest advertisers.

Duque wins Colombia presidential election

FINANCIAL TIMES - Mon, 06/18/2018 - 00:35
Rightwing candidate promises ‘new generation’ of leadership for scarred country
Categories: FINANCIAL NEWS

Ferdinand Marcos Jr eyes Philippine presidency

FINANCIAL TIMES - Sun, 06/17/2018 - 23:00
Son of former dictator jostles for position as Duterte successor
Categories: FINANCIAL NEWS

Visa rules squeeze finance graduates out of UK

FINANCIAL TIMES - Sun, 06/17/2018 - 21:00
FT Masters in Finance 2018: ranking and analysis
Categories: FINANCIAL NEWS

Global Economy Week Ahead: U.S. Housing Starts, Brazil Rate Decision, Eurozone PMI

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 21:00
In the week ahead, the U.S. will see data on housing starts and home sales, while Brazil’s central bank makes an interest-rate decision and manufacturing numbers from Europe are released.

Greece and Macedonia sign deal over disputed name

FINANCIAL TIMES - Sun, 06/17/2018 - 20:43
Protests mar signing ceremony as newly named North Macedonia comes into being
Categories: FINANCIAL NEWS

Merkel seeks EU crisis talks as migration rocks coalition

FINANCIAL TIMES - Sun, 06/17/2018 - 20:14
Chancellor seeks to head off split threatening German government
Categories: FINANCIAL NEWS

Conflicting Forces Pull at Trump on Nafta

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 19:18
President Donald Trump’s quarrel with Canada’s Prime Minister Justin Trudeau could signal a U.S. intent to pull out of the North American Free Trade Agreement, but there are incentives to keep negotiating.

Trump immigration policy hit by cross-party criticism

FINANCIAL TIMES - Sun, 06/17/2018 - 18:55
Supporters and Democrats hit out over zero-tolerance approach on family separation
Categories: FINANCIAL NEWS

The unsettling return of bullish investment banks

FINANCIAL TIMES - Sun, 06/17/2018 - 18:51
Does being back to pre-crisis levels of profit signal a cyclical top?
Categories: FINANCIAL NEWS

US banks poised for $170bn in shareholder payouts

FINANCIAL TIMES - Sun, 06/17/2018 - 18:44
Large banks set to distribute more than annual profits
Categories: FINANCIAL NEWS

Brazil trucker strike hits suppliers of consumer staples

FINANCIAL TIMES - Sun, 06/17/2018 - 18:16
Multinationals count the cost after 10-day protest disrupted supply chains
Categories: FINANCIAL NEWS

Trump’s tirades show his mastery of the message

FINANCIAL TIMES - Sun, 06/17/2018 - 18:11
With the economy growing, talking tough on tariffs is paying off with his base
Categories: FINANCIAL NEWS

Misfires Mark Wynn Resorts' Probe of Sexual Misconduct Allegations

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 17:52
Employees weren’t initially told how to contact investigators; potential witnesses say they were asked to be interviewed on-site and their names would be revealed to directors; board halted one probe, then started another days later. Company says investigation is thorough and uses best practices

England adopt new tactics in push for World Cup glory

FINANCIAL TIMES - Sun, 06/17/2018 - 17:39
Manager Gareth Southgate is copying methods that have helped other European teams win
Categories: FINANCIAL NEWS

Banks join forces to deliver new bond platform

FINANCIAL TIMES - Sun, 06/17/2018 - 17:04
Top debt underwriters aim to improve pricing technology and maintain market influence
Categories: FINANCIAL NEWS

Kushner helped open up back channel with North Korea

FINANCIAL TIMES - Sun, 06/17/2018 - 16:12
Intervention by President Trump’s son-in-law led to secretary of state’s Pyongyang visit
Categories: FINANCIAL NEWS

As Shipping Costs Soar, Supply Chains Get a Makeover

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 16:00
Retailers and manufacturers are taking stock of their transportation costs and exploring alternatives as a capacity crunch in freight is driving up prices and causing shipping delays.

Microsoft Is Fixing Office, But Not Fast Enough

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 15:50
The new version of Microsoft Office is playing catch-up to Google Docs, with cleaner design, faster apps and smarter features, but in some ways it is still stuck in the 1990s.

Sizing Up Tesla's $10 Billion Debt Stack

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 15:24
Tesla is growing faster than any other auto maker—just not always in ways stockholders would want. The company’s debt has surged just as fast as sales, while profits remain elusive.

U.S. Auto Makers Are Putting Small Engines Into Big Trucks So They Guzzle Less Gas

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 15:20
Big U.S. car makers are standing by many recent tech innovations to increase fuel efficiency, including smaller engines for pickup trucks, even as the Trump administration moves to relax gas-mileage standards

Business Is Booming at the Panama Canal

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 15:00
Ships moving natural gas and petroleum product exports from the U.S. are the fastest-growing business for the Panama Canal, with annual revenue from tolls growing more than 20 times over the past two years.

Argentina Treasury minister defends IMF bailout

FINANCIAL TIMES - Sun, 06/17/2018 - 14:35
Nicolás Dujovne says care has been taken to ensure austerity drive is not overambitious
Categories: FINANCIAL NEWS

S Korea embarks on war games over disputed islets

FINANCIAL TIMES - Sun, 06/17/2018 - 14:09
Sovereignty of Dokdo remains hot-button issue between Seoul and Tokyo
Categories: FINANCIAL NEWS

Oil's Rally, Coupled With Strong Dollar, Causes Global Pain

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 13:17
The sharp rise in crude-oil prices has been particularly harsh for many parts of the world, because consumers outside the U.S. face a double whammy when the dollar gets stronger at the same time that oil prices climb.

Thai king takes ownership of portfolio worth billions

FINANCIAL TIMES - Sun, 06/17/2018 - 12:56
Assets previously held in royal family’s name will lose tax-exempt status
Categories: FINANCIAL NEWS

Migrant ships arrive in Spain after week of turmoil

FINANCIAL TIMES - Sun, 06/17/2018 - 12:56
Landing in Valencia on Sunday comes after hardline Italian government refused entry
Categories: FINANCIAL NEWS

Executives Fear Trade Conflicts Could Dent Economic Growth

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 11:30
Corporate finance leaders are worried that the good times won’t last as an increasingly cloudy long-term economic outlook plays out against the backdrop of trade spats and geopolitical risk.

Slack’s Stewart Butterfield on coping with rapid growth

FINANCIAL TIMES - Sun, 06/17/2018 - 11:00
In three years the chief went from lean start-up to dealing with millions of users
Categories: FINANCIAL NEWS

The secret VTB stake that helped lead to Otkritie’s downfall

FINANCIAL TIMES - Sun, 06/17/2018 - 10:42
The private bank’s rapid growth was supported by state-run VTB but their links went deeper
Categories: FINANCIAL NEWS

Japan on cusp of legalising giant casino market

FINANCIAL TIMES - Sun, 06/17/2018 - 10:07
Macau operator Melco pulls out of Russia to position itself to bid for licence
Categories: FINANCIAL NEWS

Will Opec meeting deliver oil production boost?

FINANCIAL TIMES - Sun, 06/17/2018 - 10:00
Politics and elections in particular driving emerging market fragility
Categories: FINANCIAL NEWS

AIG: The long struggle to repair its reputation

FINANCIAL TIMES - Sun, 06/17/2018 - 09:00
A decade after it needed a $185bn state bailout, the insurer is on the acquisition trail again, but investors remain wary
Categories: FINANCIAL NEWS

Trump eyes low-profile staffer to head consumer body

FINANCIAL TIMES - Sun, 06/17/2018 - 07:10
Move to nominate Kathy Kraninger seen fitting pattern of quietly defanging bank rules
Categories: FINANCIAL NEWS

Global pharma groups bleed talent to China start-ups

FINANCIAL TIMES - Sun, 06/17/2018 - 05:54
Domestic biotech sector lures executives with promise of freer hand, more pay and equity
Categories: FINANCIAL NEWS

Beyoncé, Jay-Z Release Surprise Album

WALL STREET JOURNAL - US. BUSINESS NEWS - Sun, 06/17/2018 - 05:36
Beyoncé announced the album, “Everything Is Love,” on Twitter and Instagram, saying it would be available exclusively on Tidal, the music-streaming service that she and her husband partly own.

Cryptocurrency hedge funds’ returns plunge

FINANCIAL TIMES - Sun, 06/17/2018 - 05:11
Specialist funds target digital coin despite mixed messages from regulators
Categories: FINANCIAL NEWS

White House aide Kraninger is Trump's choice to lead CFPB

AMERICAN BANKER - Sun, 06/17/2018 - 00:53
President Donald Trump has chosen Kathy Kraninger, a little-known White House budget aide, as director of the Consumer Financial Protection Bureau, an administration official said.

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